Used as a key intermediate in the synthesis of various pharmaceuticals, particularly in the development of kinase inhibitors. It plays a crucial role in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in complex organic molecules. This chemical is valuable in medicinal chemistry for creating compounds with potential therapeutic applications, such as anticancer and anti-inflammatory agents. Its boronic acid group allows for efficient and selective coupling with aryl halides, making it a versatile tool in drug discovery and development.